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WCHM News

Endowment Fund Campaign Beats All Expectations

2/15/2022

 
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​A recent fundraising campaign for the WCHM Perpetuity Endowment Fund was completed on January 31st, and all indications are that the results have far exceeded all expectations. The campaign began on December 1st with a goal of raising $30,000. $10,000 has already been pledged by a generous donor as a match, and another $10,000 committed by the WCHM Board from the WCHM general funds, if the first $10,000 could be raised from the WCHM membership.

​A recent fundraising campaign for the WCHM Perpetuity Endowment Fund was completed on January 31st, and all indications are that the results have far exceeded all expectations. The campaign began on December 1st with a goal of raising $30,000. $10,000 has already been pledged by a generous donor as a match, and another $10,000 committed by the WCHM Board from the WCHM general funds, if the first $10,000 could be raised from the WCHM membership.


“I was confident that we would have no problem raising the 10K from our membership,” says WCHM Executive Director Jed Malischke, “but their response to our campaign has been truly inspirational.” On the closing date of the campaign total contributions had broken the $20,000 mark. “In the last days of the campaign an early contributor pledged to insure that level was reached with an additional contribution,” explained Malischke, “and with that pledge issued a challenge to the matching donor and the WCHM Board to increase their commitments as well, which they did.” With the matching donation increased to $15,000 and the board commitment to $20,000, the total raised that will now be placed in the Endowment Fund will exceed $55,000.
 
“The really exciting part,” Malischke added, “is that along with the recent investment increases the fund has enjoyed, this new addition will put the fund over $100,000 and into the realm where it can be converted to a continuing source of revenue for the museum in perpetuity.”
​That is a lot to be thankful for.

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